🚨 Anticipating Bullish Momentum for $LUNA2 | 1D Timeframe

LUNA2
LUNA2USDT
0.18231
-9.19%

On the daily timeframe, $LUNA2 market structure looks favorable for upward movement, with price trading comfortably above major moving averages.

Most momentum indicators remain bullish; however, the Stochastic is approaching overheated levels, suggesting some caution in the short term.

Key Resistance: 0.1992

A strong breakout above this level with volume could confirm continuation toward the 0.2491 target zone.

Key Support: 0.1463

A daily close below this support would invalidate the bullish outlook and shift the bias toward bearish.

Bias:

Above 0.1992 (confirmed breakout) → Bullish continuation

Below 0.1463 (daily close) → Bearish shift

Price action around these levels will determine the next major move.